Cardano Starts NFT Minting Following Smart Contracts Functionality Activation
At least three non-fungible tokens were minted on Cardano after the platform’s shift to the Alonzo upgrade with smart contracts capability, according to a report. Haskell programming language expert Kevin...
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Chinese Tech Giants Ordered to End Practice of Blocking Competitor’s Links
China expanded its regulatory crackdown on technology giants with a fresh order for them to halt blocking links of competitors under еру threat of sanctions, Reuters reported. The Ministry of...
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VanEck Rolls Out Sustainability-Focused Muni ETF
Global investment manager VanEck on Friday launched its sustainability-focused exchange-traded fund in a bid to cash in on the growing demand for environmentally-linked assets, Bloomberg reported. The VanEck HIP Sustainable...
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El Salvador to Exempt Taxes on Bitcoin Profits for All Foreign Investors
The government of El Salvador stated that foreign investors will be exempt from taxes on bitcoin profits, according to a report by BeinCrypto on Monday. A government adviser revealed the...
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Morgan Stanley Secures $3.1 Billion for New Real Estate Fund
Financial giant Morgan Stanley’s surpassed its $3-billion target in its latest fundraising for its new vehicle focused on real estate bets across the globe, Bloomberg reported. Morgan Stanley raised $3.1...
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Lululemon Hikes 2021 Guidance as Earnings More Than Double in Q2
Athletic apparel retailer Lululemon Athletica Inc. hiked its earnings guidance for the year after its bottom line more than doubled in the second quarter, the company announced in a filing....
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GameStop Corp. Sinks 7% Even as Losses Narrow in Second Quarter
American video game retailer GameStop Corp. reported lower losses in the second quarter, but shares of the company sank in extended trading on Wednesday. Net loss improved to $61.6 million...
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Bill Gates’s Cascade Hikes Stake in Four Seasons Thru Deal With Saudi Prince
Bill Gates’s Cascade Investment LLC is set to own a majority stake in Four Seasons Holding Co. by acquiring part of Saudi Prince Alwaleed bin Talal’s holdings in the hospitality...
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Tesla’s China-Made Unit Sales Hit 44,264 in August
American carmaker Tesla Inc. saw deliveries of China-made units climb in August with a huge chunk of sales coming from exports, Reuters reported. Data from the China Passenger Car Association...
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US Banking Giant JP Morgan Buys 75% Majority Stake in Volkswagen Payment Unit
JPMorgan stated on Wednesday that it plans to acquire a majority stake of close to 75% in Volkswagen’s payments business, according to a report by CNBC on Wednesday. The U.S....
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SEC Warns to Sue Coinbase Over Planned Lend Offering
The SEC has cautioned to sue if Coinbase proceeds with a plan to provide a new product called Lend, according to a report by Coinbase on Wednesday. The unexpected move...
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Fast Food Giant McDonald’s Started Accepting Bitcoin Payments in El Salvador
Surprisingly, McDonald’s in El Salvador already can and is willing to accept Bitcoin payments, according to a report by Bitcoin Magazine on Tuesday. The company has made an effort to...
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